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The Latest Breaking News from BlueScope

Steelmaker brings it home, after rejecting predators

BlueScope, which owns the Port Kembla steelworks, says it's now in a position of real strength after undergoing a period of investment that's boosted earnings.

AAP · Aug 17

Buyers firm for Whyalla steelworks, island smelter

The shortlist to take over the ailing Whyalla steelworks has narrowed, while a buyer is entering exclusive talks to purchase Australia's only manganese smelter.

AAP · May 27

Suitors fire up steelmaker takeover with hotter offer

A takeover offer worth $2 billion more than a previous attempt to snare Australia's largest steelmaker is no certainty to be successful.

AAP · Feb 17

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Steelmaker pledges dividend bonanza, but shares drop

Weeks after rejecting a takeover bid, BlueScope Steel is promising to return more of its profit to shareholders after delivering a rise in first half earnings.

AAP · Feb 15

BlueScope predator is comfortable about moving on

The Stokes family-controlled SGH says it has delivered a strong first-half result, and signalled its not for turning on its rejected BlueScope takeover bid.

AAP · Feb 10

Steelmaker's new CEO moves to cut costs on first day

In her first days as BlueScope Steel's new chief executive, Tania Archibald has pledged to streamline "leadership and functional teams" to save $150 million.

AAP · Feb 2

Bluescope Steel entices shareholders with $438m payday

Australia's biggest steelmaker will pay investors a special dividend of $1 per share after rejecting a takeover overture from Kerry Stokes and a US partner.

AAP · Jan 13

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BlueScope shares steady after $13b deal's rejection

BlueScope Steel shares fell 1.6 per cent, holding onto most of their gains from this week, a sign that investors think the takeover saga isn't over yet.

AAP · Jan 8

PM says government has been working on inquiry logistics ‘for weeks’ – as it happened

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The Guardian - AU · Jan 7

BlueScope rejects 'opportunistic' $13.2b takeover bid

Australia's biggest steelmaker has knocked back a $13.2 billion takeover offer, saying it "very significantly undervalued" the company.

AAP · Jan 7

Aussie steelmaker tipped to rebuff fresh $13b takeover

Shares in Australia's biggest steelmaker soared to a 17-year high on a takeover bid but analysts suggest Kerry Stokes and his US partner need to up their offer.

AAP · Jan 5

BlueScope Steel keen on Whyalla's iron ore resource

Steel giant BlueScope is leading a consortium to potentially acquire the Whyalla Steelworks, an asset it views as having potential beyond its core business.

AAP · Nov 18, 2025

Worker killed after steel beam strike at major plant

A contractor has lost his life after a crane dropped a beam at a steelworks undergoing a $1.15 billion blast furnace reline.

AAP · Nov 17, 2025

No future made in Australia without gas: Bluescope boss

Australian industrial gas users are subsidising the cost of gas going to competitors overseas dues to a broken pricing system, Bluescope Steel's boss says

AAP · Oct 8, 2025

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AAP · Aug 18, 2025

Steel boss complains about local gas market 'madness'

Australia must stop prioritising gas exports over domestic supply and introduce a permanent reserve and price mechanism for gas, a big steelmaker says.

The Guardian - AU · Aug 4, 2025

Global consortium led by Australia’s BlueScope weighs takeover of embattled Whyalla steelworks

South Australian premier says more than 15 national and international parties have passed final EOI phase

AAP · Aug 4, 2025

Global consortium has Whyalla steelworks in its sights

The ailing Whyalla steelworks is in the sights of an international consortium with deep pockets and led by Australia's largest steelmaker.

The Guardian - AU · May 31, 2025

Australia’s trade minister says Trump plan to double steel and aluminium tariffs to 50% ‘not the act of a friend’

Don Farrell says US president’s latest tariffs announcement ‘an act of economic self-harm’ and he will continue to advocate for their removal

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The Conversation · Mar 11, 2025

Australia – like everyone else – fails to win exemption from Trump’s tariffs on aluminium and steel

Australia has failed to win an exemption from Donald Trump’s 25% tariffs on aluminium and steel, but the government has vowed to fight on for a carve out.

The Guardian - AU · Feb 20, 2025

What went wrong at Whyalla steelworks and will it end with SA government in legal fight with UK billionaire?

Issues between GFG, Sanjeev Gupta and SA government grumbled along for years, before dramatic events forced company into administration

The Guardian - AU · Feb 14, 2025

Fears Australia’s GST could be next target in Trump’s reciprocal tariff threat

Economist argues GST is not protectionist and should not attract any new levy from the US but concern remains for steel industry

The Conversation · Feb 11, 2025

Trump agrees to consider Australian exemption from tariffs, describing Albanese as ‘very fine man’

US President Donald Trump has agreed to “consider” exempting Australia from the 25% tariff he has imposed on imports of steel and aluminium to the US.

The Guardian - AU · Feb 10, 2025

Albanese to speak with Trump as US president announces 25% tariff on steel imports

Ministers were seeking return of Turnbull-era exemptions ahead of US president’s announcement of new duties on steel and aluminium

AAP · Feb 10, 2025

Albanese to press Trump for tariff breaks for Australia

Prime Minister Anthony Albanese will attempt to secure Australian companies an exemption from US tariffs in a direct phone call with President Donald Trump.

The Guardian - AU · Dec 24, 2024

‘National disaster’ if troubled Whyalla steelworks falls over, SA premier warns

Peter Malinauskas calls situation ‘tricky’ but says state government will continue to monitor Sanjeev Gupta’s GFG Alliance and act where it can

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